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Almost All Fed Officials Saw More Rate Hikes in 2023
Bloomberg Businessweek
The NASDAQ 100 Continues to Rally Regardless of the Rise in Rates
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I think a lot of people are just looking at the gains that we've had in the NASDAQ 100 and thinking, all right, this has to crack at some point. I guess it's the mega cap stocks that have really helped us. But by and large, the labor market is still incredibly tight. So that really is the chief concern right now when you're trying to get inflation down to target.
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